Employee Benefits
MARCH 15, 2024
The scheme, which is offered in partnership with WorkPlace Nursery, will enable employees to pay for nursery fees through a deduction from their gross pay, which will save on tax and national insurance contributions (NICs). The post FitFlop introduces salary sacrifice nursery scheme appeared first on Employee Benefits.
Money Talk
AUGUST 18, 2022
employee benefits generally equal 25% to 50% of a worker’s gross pay. educational benefits and training) ¨ improve an employer’s reputation as a good place to work for and do business with (e.g., Some employers allow workers to accumulate sick leave. sick day pay is fully taxable. Like vacation time.
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Employee Benefits
OCTOBER 12, 2023
The scheme allows staff to apply for a flexi-voucher which can be used to buy a bike or cycling equipment from different retailers over the course of a year, without having to purchase everything at once. The post Pitchup launches bikes-for-work scheme for staff appeared first on Employee Benefits.
Employee Benefits
FEBRUARY 28, 2022
At CAF, for example, we support major retailers in establishing community investment and engagement programmes, including distributing the funds generated by the plastic bag levy. Donations are tax-effective because they are taken from gross pay, which means the charity get more of employees’ donations and it costs the donor less.
Employee Benefits
NOVEMBER 30, 2023
The payments can be made either through a salary sacrifice arrangement from gross pay or from a net pay arrangement. Employees are able to join the scheme directly through a provider’s site, usually during the employer’s enrolment window. Caboodle, an Access company, runs its net pay scheme in conjunction with Currys.
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